Maya Academy of Advanced Cinematics (MAAC), a major player in animation, VFX, multimedia and gaming, has inaugurated its eighth centre in Banashankari, Bengaluru. With the addition of this new centre, MAAC now has 92 centres in the country.

MAAC, senior vice president, Shajan Samuel said, “With the Indian animation industry witnessing a growth of 34 per cent CAGR (since 2009) and an expected hiring rate of 30 per cent, experts predict that the industry will face a deficit of skilled animators in the future. This means that there is great scope and urgent need to accelerate skill development in the animation industry. For this, we need to eliminate digital gaps, which is only possible by empowering students with the know-how of latest trends and technology used in the industry. The new centre would provide further impetus to our aim of empowering students through superior training, extensive curriculum and lead them to become specialists in the world of 3D Animation and VFX.”

MAAC Banashankari, business partner, Anand Kulkarni expressed delight on the association with MAAC and said the center would provide an opportunity to students to pursue their passion in the media and entertainment industry.

According to a report by KPMG, the animation, VFX and post-production industry in India has grown from Rs 4,200 crore in 2013 to Rs 5,080 crore today. The CG sector is likely to grow substantially at a CAGR of about 30 per cent and animation by about 15-18 per cent.

Industry analysts believe that India’s animation industry is expected to double in size in next five years as Hollywood studios are prepping to tap a large pool of low-cost, English-speaking animators.